$4,500,000

3933-45 Hamilton St San Diego, CA 92104

North Park Neighborhood

Estimated payment $28,217/month

Total Views 3,060
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

We are excited to present 3933 Hamilton Street in San Diego, California. Built in 1927, this 14-unit apartment complex features a Walk Score of 95 and offers 7,056 rentable square feet on a 13,986 square foot lot in North Park. The unit mix includes twelve one-bedroom units and two two-bedroom units. Tenant amenities include gated access, a large courtyard, on-site laundry, eight off-street parking spaces, a two-car garage, and a one-car garage. The property is well-maintained with below-market rents, offering an opportunity for rent increases through renovation. Recent updates include repainting in the original classic white, replacing 12 of 18 custom windows, new roofs on the front buildings, and updated landscaping. Recognized by the North Park Historical Society, the property has a strong chance of receiving historic designation, potentially leading to Mills Act property tax savings. Additionally, the rear garages could be converted into two Accessory Dwelling Units (ADUs).

Listing Agent

Thomas McCartin

Marcus & Millichap License #01427348 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3 Bedrooms
  • 2-Story Property

Community Details

Overview

  • 5 Buildings
  • 14 Units

Building Details

  • Operating Expense $107,575

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 4.12
  • Co List Office Mls Id: 62951
  • Special Features: None

Interior Features

  • Total Bedrooms: 3

Multi Family

  • Number Of Buildings: 5
  • Number Of Units Total: 14
  • Annual Operating Expense: 107575.0

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2025 08/18/25 For Sale $4,500,000 -- --
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250038997

San Diego MLS
California San Diego County San Diego 92104 North Park

3933-45 Hamilton St, San Diego, CA

For Sale

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Thomas McCartin
Listing Agent
Thomas McCartin
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Marcus & Millichap
(858) 362-9376